Thermal Management Market
PUBLISHED: 2019 ID: SMRC18653
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Thermal Management Market

Thermal Management - Global Market Outlook (2018-2027)

4.3 (48 reviews)
4.3 (48 reviews)
Published: 2019 ID: SMRC18653

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Thermal Management Market is accounted for $10.14 billion in 2018 and is expected to reach $22.94 billion by 2027 growing at a CAGR of 9.5% during the forecast period. Rising demand for effective thermal management solutions, systems in consumer electronics, and increasing use of electronic devices in different end-use industries are some of the factors fuelling the market growth. However, complexities in components used in thermal management are restricting the market growth.

Thermal Management can be explained as the ability to control the temperature of a system by various technologies such as thermodynamics among others. It basically describes various processes such as heat transfer, conduction and radiation among others. However, the system is complex in nature since it consists of multiple components.

Based on material, the non-adhesive thermal management material segment is estimated to have a lucrative growth due to the increase in the usage of Non-adhesive materials such as thermal pads, gap fillers, and grease usage in consumer electronics such as computers, laptops, and other handheld devices such as tablets. By Geography, Asia Pacific is likely to have a huge demand due to the increasing demand for effective thermal management solutions and systems from consumer electronics, automotive, defense, and healthcare sectors in this region.

Some of the key players profiled in the Thermal Management market include Aavid Thermalloy, LLC, Advanced Cooling Technologies, AI Technology, Inc, API Heat Transfer, Boyd Corporation, Dau Thermal Solutions, Delta, Denso, European Thermodynamics, Gentherm, Hanon Systems, Heatex, Henkel AG & Co., Honeywell, Jaro Thermal, KGaA, Laird, Lord Corporation, Mahle, Valeo and Vertiv.

Devices Covered:
• Advanced Cooling Devices
• Conduction Cooling Devices
• Convection Cooling Devices
• Hybrid Cooling Devices
• Other Devices

Components Covered:
• Hardware
• Software

Services Covered:
• Installation and Calibration
• Optimization and Post-Sales Support

Materials Covered:
• Adhesive Materials
• Non- Adhesive Materials

End Users Covered:
• Aerospace & Defense
• Automotive
• Consumer Electronics
• Medical Equipment
• Servers and Data Centers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
         
2 Preface 
       
 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis      
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats       
 3.6 End User Analysis      
 3.7 Emerging Markets      
 3.8 Futuristic Market Scenario     
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
          
5 Global Thermal Management Market, By Device     
 5.1 Introduction      
 5.2 Advanced Cooling Devices     
  5.2.1 Cold Plates     
  5.2.2 Direct Immersion Cooling    
  5.2.3 Microchannel Cooling    
  5.2.4 Other Advanced Cooling Devices    
   5.2.4.1 Cryogenic Cooling    
   5.2.4.2 Refrigerant Cooling    
   5.2.4.3 Spray Cooling    
 5.3 Conduction Cooling Devices     
  5.3.1 Potting      
  5.3.2 Wedge Locks     
 5.4 Convection Cooling Devices     
  5.4.1 Forced Air and Natural Cooling Devices   
  5.4.2 Heat Pumps     
  5.4.3 Heat Sink      
  5.4.4 Heat Spreaders     
 5.5 Hybrid Cooling Devices     
  5.5.1 Compact Heat Exchangers    
  5.5.2 Electrowetting     
  5.5.3 Spot Coolers     
  5.5.4 Thermoelectric Cooling    
  5.5.5 Vapour Chambers     
  5.5.6 Other Hybrid Cooling Devices    
   5.5.6.1 Heat Super Conductors   
   5.5.6.2 Jet Impingement Cooling   
 5.6 Other Devices      
         
6 Global Thermal Management Market, By Component   
 6.1 Introduction      
 6.2 Hardware      
 6.3 Software       
         
7 Global Thermal Management Market, By Service    
 7.1 Introduction      
 7.2 Installation and Calibration     
 7.3 Optimization and Post-Sales Support    
         
8 Global Thermal Management Market, By Material    
 8.1 Introduction      
 8.2 Adhesive Materials       
  8.2.1 Adhesive Liquids     
   8.2.1.1 Heat Cure    
   8.2.1.2 Room Temperature Cure   
  8.2.2 Films      
   8.2.2.1 Electronically Conductive   
   8.2.2.2 Thermally Conductive   
  8.2.3 Tapes      
 8.3 Non- Adhesive Materials      
  8.3.1 Gap Fillers     
  8.3.2 Greases      
  8.3.3 Pads      
   8.3.3.1 Electrically Insulating (If Data Available)  
   8.3.3.2 Non Electrically insulating (If Data Available) 
  8.3.4 Phase Change Materials    
         
9 Global Thermal Management Market, By End User    
 9.1 Introduction      
 9.2 Aerospace & Defense      
 9.3 Automotive      
  9.3.1 Automotive LED Lighting System   
  9.3.2 Battery Thermal Management    
   9.3.2.1 Hybrid Vehicle    
   9.3.2.2 Plug-In Electric Vehicle   
  9.3.3 Brake and Suspension Cooling Systems   
  9.3.4 Engine Control Thermal Management   
  9.3.5 Seat Heating and Cooling    
  9.3.6 Waste Heat Recovery and Emissions Reduction  
 9.4 Consumer Electronics     
  9.4.1 Audio Amplifier Components    
  9.4.2 Gaming Devices     
  9.4.3 Home Appliances (TV, Fridge, Washing Machine, Blender, Oven, etc.)
  9.4.4 Laptop and Computer    
  9.4.5 Mobile Phones     
  9.4.6 Power Supplies     
 9.5 Medical Equipment      
  9.5.1 Large Infrastructure Equipment   
  9.5.2 Portable Equipment    
 9.6 Servers and Data Centers     
         
10 Global Thermal Management Market, By Geography   
 10.1 Introduction      
 10.2 North America      
  10.2.1 US      
  10.2.2 Canada      
  10.2.3 Mexico      
 10.3 Europe       
  10.3.1 Germany      
  10.3.2 UK      
  10.3.3 Italy      
  10.3.4 France      
  10.3.5 Spain      
  10.3.6 Rest of Europe     
 10.4 Asia Pacific      
  10.4.1 Japan      
  10.4.2 China      
  10.4.3 India      
  10.4.4 Australia      
  10.4.5 New Zealand     
  10.4.6 South Korea     
  10.4.7 Rest of Asia Pacific     
 10.5 South America      
  10.5.1 Argentina     
  10.5.2 Brazil      
  10.5.3 Chile      
  10.5.4 Rest of South America    
 10.6 Middle East & Africa     
  10.6.1 Saudi Arabia     
  10.6.2 UAE      
  10.6.3 Qatar      
  10.6.4 South Africa     
  10.6.5 Rest of Middle East & Africa    
         
11 Key Developments       
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 11.2 Acquisitions & Mergers     
 11.3 New Product Launch     
 11.4 Expansions      
 11.5 Other Key Strategies     
          
12 Company Profiling       
 12.1 Aavid Thermalloy, LLC     
 12.2 Advanced Cooling Technologies    
 12.3 AI Technology, Inc      
 12.4 API Heat Transfer      
 12.5 Boyd Corporation      
 12.6 Dau Thermal Solutions     
 12.7 Delta       
 12.8 Denso       
 12.9 European Thermodynamics     
 12.10 Gentherm      
 12.11 Hanon Systems      
 12.12 Heatex       
 12.13 Henkel AG & Co.      
 12.14 Honeywell      
 12.15 Jaro Thermal      
 12.16 KGaA       
 12.17 Laird       
 12.18 Lord Corporation      
 12.19 Mahle       
 12.20 Valeo       
 12.21 Vertiv       


List of Tables        
1 Global Thermal Management Market Outlook, By Region (2017-2027) ($MN) 
2 Global Thermal Management Market Outlook, By Device (2017-2027) ($MN) 
3 Global Thermal Management Market Outlook, By Advanced Cooling Devices (2017-2027) ($MN)
4 Global Thermal Management Market Outlook, By Cold Plates (2017-2027) ($MN) 
5 Global Thermal Management Market Outlook, By Direct Immersion Cooling (2017-2027) ($MN)
6 Global Thermal Management Market Outlook, By Microchannel Cooling (2017-2027) ($MN)
7 Global Thermal Management Market Outlook, By Other Advanced Cooling Devices (2017-2027) ($MN)
8 Global Thermal Management Market Outlook, By Conduction Cooling Devices (2017-2027) ($MN)
9 Global Thermal Management Market Outlook, By Potting (2017-2027) ($MN) 
10 Global Thermal Management Market Outlook, By Wedge Locks (2017-2027) ($MN) 
11 Global Thermal Management Market Outlook, By Convection Cooling Devices (2017-2027) ($MN)
12 Global Thermal Management Market Outlook, By Forced Air and Natural Cooling Devices (2017-2027) ($MN)
13 Global Thermal Management Market Outlook, By Heat Pumps (2017-2027) ($MN) 
14 Global Thermal Management Market Outlook, By Heat Sink (2017-2027) ($MN) 
15 Global Thermal Management Market Outlook, By Heat Spreaders (2017-2027) ($MN)
16 Global Thermal Management Market Outlook, By Hybrid Cooling Devices (2017-2027) ($MN)
17 Global Thermal Management Market Outlook, By Compact Heat Exchangers (2017-2027) ($MN)
18 Global Thermal Management Market Outlook, By Electrowetting (2017-2027) ($MN)
19 Global Thermal Management Market Outlook, By Spot Coolers (2017-2027) ($MN) 
20 Global Thermal Management Market Outlook, By Thermoelectric Cooling (2017-2027) ($MN)
21 Global Thermal Management Market Outlook, By Vapour Chambers (2017-2027) ($MN)
22 Global Thermal Management Market Outlook, By Other Hybrid Cooling Devices (2017-2027) ($MN)
23 Global Thermal Management Market Outlook, By Other Devices (2017-2027) ($MN) 
24 Global Thermal Management Market Outlook, By Component (2017-2027) ($MN) 
25 Global Thermal Management Market Outlook, By Hardware (2017-2027) ($MN) 
26 Global Thermal Management Market Outlook, By Software (2017-2027) ($MN) 
27 Global Thermal Management Market Outlook, By Service (2017-2027) ($MN) 
28 Global Thermal Management Market Outlook, By Installation and Calibration (2017-2027) ($MN)
29 Global Thermal Management Market Outlook, By Optimization and Post-Sales Support (2017-2027) ($MN)
30 Global Thermal Management Market Outlook, By Material (2017-2027) ($MN) 
31 Global Thermal Management Market Outlook, By Adhesive Materials (2017-2027) ($MN)
32 Global Thermal Management Market Outlook, By Adhesive Liquids (2017-2027) ($MN)
33 Global Thermal Management Market Outlook, By Films (2017-2027) ($MN) 
34 Global Thermal Management Market Outlook, By Tapes (2017-2027) ($MN) 
35 Global Thermal Management Market Outlook, By Non- Adhesive Materials (2017-2027) ($MN)
36 Global Thermal Management Market Outlook, By Gap Fillers (2017-2027) ($MN) 
37 Global Thermal Management Market Outlook, By Greases (2017-2027) ($MN) 
38 Global Thermal Management Market Outlook, By Pads (2017-2027) ($MN) 
39 Global Thermal Management Market Outlook, By Phase Change Materials (2017-2027) ($MN)
40 Global Thermal Management Market Outlook, By Aerospace & Defense (2017-2027) ($MN)
41 Global Thermal Management Market Outlook, By Automotive (2017-2027) ($MN) 
42 Global Thermal Management Market Outlook, By Automotive LED Lighting System (2017-2027) ($MN)
43 Global Thermal Management Market Outlook, By Battery Thermal Management (2017-2027) ($MN)
44 Global Thermal Management Market Outlook, By Brake and Suspension Cooling Systems (2017-2027) ($MN)
45 Global Thermal Management Market Outlook, By Engine Control Thermal Management (2017-2027) ($MN)
46 Global Thermal Management Market Outlook, By Seat Heating and Cooling (2017-2027) ($MN)
47 Global Thermal Management Market Outlook, By Waste Heat Recovery and Emissions Reduction (2017-2027) ($MN)
48 Global Thermal Management Market Outlook, By Consumer Electronics (2017-2027) ($MN)
49 Global Thermal Management Market Outlook, By Audio Amplifier Components (2017-2027) ($MN)
50 Global Thermal Management Market Outlook, By Gaming Devices (2017-2027) ($MN)
51 Global Thermal Management Market Outlook, By Home Appliances (TV, Fridge, Washing Machine, Blender, Oven, etc.) (2017-2027) ($MN)
52 Global Thermal Management Market Outlook, By Laptop and Computer (2017-2027) ($MN)
53 Global Thermal Management Market Outlook, By Mobile Phones (2017-2027) ($MN)
54 Global Thermal Management Market Outlook, By Power Supplies (2017-2027) ($MN)
55 Global Thermal Management Market Outlook, By Medical Equipment (2017-2027) ($MN)
56 Global Thermal Management Market Outlook, By Large Infrastructure Equipment (2017-2027) ($MN)
57 Global Thermal Management Market Outlook, By Portable Equipment (2017-2027) ($MN)
58 Global Thermal Management Market Outlook, By Servers and Data Centers (2017-2027) ($MN)
         
NOTE: The tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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